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Forecast update for Brent crude oil -23-09-2025
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Forecast update for Brent crude oil -23-09-2025
Sep 23, 2025 6:42 AM

Brent crude oil prices surged high in its last intraday trading, retesting the key resistance at $66.75, to hit the resistance of its EMA50, amid the dominance of the main bearish trend and its trading within minor bearish waves range, supported by the emerging of the positive signals on the relative strength indicators, reaching exaggerated overbought levels compared by the price movement, to suggest ending the bullish momentum gradually.

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